$400,000

273 Appletree Court 1-3-21, Buffalo Grove, IL 60089

  • 2 beds |
  • 1 bath |
  • 960 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $417/sqft
  • Property List Date Icon Listed ——

Property Description

One of the six units in this rare opportunity to acquire a six-unit condominium investment portfolio in Buffalo Grove, all located within the highly acclaimed Adlai E. Stevenson High School district. This package includes six separately deeded, fully occupied units generating immediate rental income. Four of the six units have been renovated, providing a strong balance of current value and future upside. Current rents are below market, offering significant potential for increased cash flow. At market rental rates, annual rental income could increase from approximately $151,200 to $165,600, representing an additional $14,400 per year (approximately 9.5% upside). A unique opportunity for investors seeking a turnkey portfolio in one of the North Shore's most desirable rental markets.

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 2:18PM
Listing Office:
Compass : 312-593-3110
Listing Agent:
Alexandre Stoykov : 312-593-3110
MLS ID:
12690922
  • General: Cathedral Ceiling(s)Built-in FeaturesBookcases
  • Rooms: Deck
  • Appliances: RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposal
  • Dining: Separate
  • Laundry: In Unit
  • Basement: None
  • Flooring: Laminate
  • A/C: Central Air
  • Heating: Natural GasForced Air
  • Fireplace: Gas StarterFireplaces: 1
  • Disability Feature: None
  • Parking: AsphaltGarage Door OpenerYesGarage OwnedAttachedGarageParking spaces: 1
  • Roofing: Asphalt
  • Windows: Screens
  • General: Concrete Perimeter
  • HOA Amenities: PoolSecurity Door Lock(s)Ceiling FanClubhouseWaterInsuranceClubhousePoolExterior MaintenanceLawn CareSnow Removal358.0Monthly
  • Originating MLS: mred
  • School District: 96
  • County: Lake
  • Zoning: 15323090590000
  • Utilities: Circuit Breakers
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Condo

This listing courtesy of Alexandre Stoykov , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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